Tesco
TSCO.L
#637
Rank
HK$240.87 B
Marketcap
HK$35.93
Share price
0.68%
Change (1 day)
25.02%
Change (1 year)

P/E ratio for Tesco (TSCO.L)

P/E ratio at the end of 2024: 16.4

According to Tesco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2182.22. At the end of 2024 the company had a P/E ratio of 16.4.

P/E ratio history for Tesco from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202416.4-37.62%
202326.391.01%
202213.8339.66%
20213.13-86.02%
202022.436.32%
201916.429.93%
201812.7-103.25%
2017-389-497.41%
201697.9-3570.64%
2015-2.82-113.68%
201420.6-89.44%
20131952624.35%
20127.17-23.94%
20119.43-23.75%
201012.412.69%
200911.016.79%
20089.40-20.7%
200711.8-2.91%
200612.26.58%
200511.5-0.26%
200411.5-0.61%
200311.6-41.69%
200219.8-16.54%
200123.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
27.6-98.74%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.